This is easier said than done. However, if you find the right products - they will sell themselves.
How to do this?
I use a 4-step framework that is guaranteed to net you a successful, in-demand product.
#1: Average Product Value is $20 to $60
This is the profit sweet-spot.
If you charge less, it’s hard to monetize, with the cost of the product and the traffic.
Any more - and it’s hard to sell without a complicated process in place.
#2: Markup Is At Least 400% (if product cost is $5, sell for at least $25)
In order to have a huge success you have to make sure each product has a good markup for you.
Since you’ll be putting physical products in front of an audience that desires them - don’t be afraid to charge a bit more.
You just can’t settle for a few bucks per sale and be happy with that. This is the No. 1 mistake I see people making.
#3: Product weight under 10lbs and small in size
This is important in order to keep the shipping costs cost effective.
#4: Non-everyday items (hard to buy locally)
In order to be able to charge the 400% markup and actually get sales it’s important that the product is not only convenient but also somewhat “exotic” for the audience. It has to be something they can’t just pickup at their local store.
Here’s a great product example that has worked really well for me: